Property profile

555 Memorial Hwy Bismarck, ND 58504

OFF-MARKET
Retail space
Property ID
US56-0386340
4,000 SF 0.4 ac lot Built 1982
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 4,000 square foot freestanding commercial building, located at 555 Memorial Highway in Bismarck, North Dakota, presents a unique opportunity for businesses seeking a prominent location. Built in 1982 and zoned CC - Commercial, this property offers a versatile space suitable for a variety of uses, categorized as both Traditional and Creative Office space. The single-tenant building boasts recently updated features including new vinyl plank flooring throughout and an attractive acoustic drop-in ceiling with energy-efficient LED lighting. The interior layout includes a dedicated office, a convenient kitchen/breakroom area, and ample space for additional customization to meet specific business needs. Its prime location on Memorial Highway ensures high visibility and easy accessibility for clients and employees. The property is available for both sale and lease, making it an attractive option for various business models and investment strategies. The building's 4,000 square feet provide substantial space for growth and expansion, while the existing infrastructure offers immediate occupancy potential. This is an excellent opportunity to establish a strong presence in a thriving Bismarck commercial district. The property's zip code is 58504.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1982
Total area 4,000 SF
Lot 0.4 ac (17,310 SF)
Zoning code CG
APN 0125-017-035
UPID US56-0386340

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Restaurant

Location

555 Memorial Hwy Bismarck, ND 58504-5328
Bismarck metro Census 10600 BISMARCK, ND METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2025
3 recorded transactions
2025
$470,896
2024
Price N/A
2024
Price N/A

Zoning & alternative use

CG · Bismarck, ND
Zoning description

14-04-12. CG Commercial District . In any CG commercial district , the following regulations shall apply: 1. General description. The CG commercial district is a heavy commercial area located outside the central business…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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